The Recession is Over !

First-time jobless claims drop slightly last week - Yahoo! News

2010-03-11T09:10:00.000-06:00

First-time jobless claims drop slightly last week - Yahoo! News

WASHINGTON – The number of newly laid-off workers requesting unemployment benefits slipped last week, the latest sign the employment picture is slowly brightening.

The Labor Department said initial jobless claims fell by 6,000 to a seasonally adjusted 462,000. That's close to Wall Street analysts' estimates of 460,000, according to Thomson Reuters, and the second straight drop.

The figures come after other mildly positive news on employment. Job openings rose in January to their highest level in almost a year, the department said on Tuesday. And the unemployment rate was unchanged at 9.7 percent in February, the department said last week, better than analysts expected. The jobless rate hasn't risen since October...

Nashville consumer spending may be on upswing | tennessean.com | The Tennessean

2010-03-09T16:42:00.000-06:00

Nashville consumer spending may be on upswing | tennessean.com | The Tennessean

There are hopeful signs that consumers are ready to open their wallets again. Customers appear to be spending a bit more, pushing up sales and profits at national retail chains. And Nashville-based stores like Genesco Inc. say it is poised to grab even more of the hat-wear market, after beating Wall Street's expectations in its last quarter's sales results...

Fewer Home Sellers Cut Asking Prices for Homes in January 2010 | RISMedia

2010-02-12T13:21:00.000-06:00

Fewer Home Sellers Cut Asking Prices for Homes in January 2010 | RISMedia

RISMEDIA, February 12, 2010—Just over 40% of available homes for sale had reduced prices in January 2010, compared with 44% in December 2009, according to a monthly survey of home listings in 27 markets conducted by the national real estate brokerage ZipRealty.

With fewer reduced price homes available in January, sellers were able to ask for their original list prices, rather than cut them to attract buyers.

“Sellers are taking a realistic look at current market conditions before listing their homes,” said ZipRealty CEO Pat Lashinsky. “We have a lot fewer homes for sale right now than we did last year, and we are seeing more sellers sticking to their original list prices, rather than cutting them to try to attract buyers.”

Economy Grows At Fastest Pace Since 2003 - Money News Story - WSMV Nashville

2010-01-29T10:07:00.000-06:00

Economy Grows At Fastest Pace Since 2003 - Money News Story - WSMV Nashville

Middle TN home sales gains spark optimism | tennessean.com | The Tennessean

2010-01-20T14:01:00.000-06:00

Middle TN home sales gains spark optimism | tennessean.com | The Tennessean

...Middle Tennessee home sales rose by more than 13 percent in December compared to a year earlier. And the median home price as reported by the Greater Nashville Association of Realtors has stopped falling, leveling off at $164,000 for the month, another positive sign...

...Sumner County was one of the most resilient in terms of median home values, falling less than 3 percent over the past three years. That's because home prices were relatively affordable compared to other suburban counties such as Williamson and Wilson, and the schools have a good reputation, said Aretha Mims, the president of the Sumner Association of Realtors. The median home price in Sumner County was $175,000 last year...

ShopperTrak: Holiday sales better than expected - Yahoo! News

2010-01-11T14:26:00.000-06:00

NEW YORK – A research firm confirmed Monday that the nation's stores had a respectable sales gain for the holiday shopping season compared with last year's steep decline...

GM says could make a profit in 2010 - Yahoo! News

2010-01-11T14:25:00.000-06:00

DETROIT (Reuters) – General Motors Co (GM.UL) could post a profit in 2010 if the U.S. industry stages modest recovery...

U.S. Economy: Confidence Rises as Consumers See Brighter Future - BusinessWeek

2009-12-29T15:02:00.000-06:00

Dec. 29 (Bloomberg) -- Confidence among U.S. consumers improved in December for a second month as Americans grew less concerned about the immediate future, pointing to an economy that will keep expanding into 2010...

U.S. retail holiday sales up 3.6 percent: report - Yahoo! News

2009-12-28T08:59:00.000-06:00

MONTREAL (Reuters) – U.S. retailers posted a better performance during the 2009 holiday shopping season, with sales as tracked by MasterCard Advisors unit SpendingPulse up 3.6 percent...

"Last year the economy and consumer spending were in free fall. This year we're talking about an environment that has stabilized, that has seen a leveling off," said Kamalesh Rao, director of economic research at Spending Pulse...

Jobless claims, goods orders signal modest rebound - Yahoo! News

2009-12-28T08:52:00.000-06:00

WASHINGTON – A fitful economic recovery is drawing strength from a stabilizing job market and signs that manufacturing will contribute to the rebound. The evidence signals a better-than-expected end to the year...

Retail sales sparkle in November - MarketWatch

2009-12-11T16:18:00.000-06:00

Retail sales sparkle in November - MarketWatch

Great Time to Buy!

2009-12-11T15:20:00.002-06:00

Interest Rates are low, Economy is improving, Home prices are down, Great Inventory Homes to Select from and Southeastern Builders is offering a Homebuyer Tax Credit Incentive.

U.S. Home Sales Rise to Two-Year High on Tax Credit (Update1) - Bloomberg.com

2009-11-10T15:02:00.000-06:00

U.S. Home Sales Rise to Two-Year High on Tax Credit- Bloomberg.com

Nov. 10 (Bloomberg) -- U.S. home sales increased 11 percent to a two-year high in the third quarter as an $8,000 tax credit for first-time buyers boosted demand.

Sales of existing single-family homes and condominiums increased to 5.3 million at an annualized, seasonally adjusted rate from the previous quarter, the National Association of Realtors said today...

Fed Officials See No Need to Raise Rates Soon - WSJ.com

2009-11-10T14:51:00.000-06:00

Two top U.S. Federal Reserve officials said there is no imminent pressure on the central bank to raise interest rates...

2009-11-09T12:24:00.000-06:00

GREATER NASHVILLE HOME SALES UP 22.7 PERCENT
Major increase in closings is first since October 2006

There were 2,145 home closings reported for the month of October, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 22.7 percent from the 1,748 closings reported for the same period last year. This is the first time since October of 2006 that Greater Nashville home sales have recorded and increase in home sales on a year-to-year comparison for the month.
Year-to-date closings through October are 17,598, and 18.4 percent decrease from the 21,581 closings reported through October 2008.
“It is truly welcome news that home sales in Greater Nashville increased so dramatically in October,” said GNAR President Mike Nichols. “And while one month does not make a trend, having a significant number of sales pending for the next month is also encouraging.'
“This is undeniable evidence that the $8,000 tax credit has been meaningful in stimulating home sales. There is no question that many of these sales were initiated due to the tax credit and it is certainly our hope that, with the expansion and extension of this tax credit through next spring, we will continue to see positive sales in the area.”
“This is really positive news for the area economy beyond those directly involved in the home sales transactions. Many new homeowners purchase appliances, furniture, floor covering, landscaping, lighting and other household items that help make their new house become their new home.”

House Extends Jobless Benefits and Home Credits - NYTimes.com

2009-11-05T15:30:00.000-06:00

WASHINGTON — The House voted overwhelmingly on Thursday afternoon to offer up to 20 more weeks of unemployment benefits to those who have been out of work a long time, sending the measure to President Obama for his signature. The White House said that he would do so on Friday morning...

Pending Sales of Existing Homes in U.S. Rise 6.1% (Update1) - Bloomberg.com

2009-11-02T13:18:00.001-06:00

NEW YORK (CNNMoney.com) -- The number of signed sales contracts to buy homes rose in September for the eighth straight month, according to a real estate industry report released Monday.

The September Pending Home Sales Index from the National Association of Realtors (NAR) spiked 6.1% to 110.1, consolidating a 6.4% gain in August. It was the index's highest level since December 2006, when it stood at 112.8...

Recession over? GDP grows 3.5% - Business First of Columbus:

2009-10-30T09:21:00.000-05:00

The U.S. economy grew more than expected in the third quarter, according to the government's initial report on gross domestic product.

The Commerce Department said the nation's gross domestic product grew at an annual rate of 3.5 percent last quarter, the first positive quarterly growth in a year, and the largest quarterly advance since the third quarter of 2007. GDP contracted by 0.7 percent in the second quarter...

Homebuyer Tax Credit Measure Backed by Administration (Update2) - Bloomberg.com

2009-10-29T14:29:00.000-05:00

Oct. 29 (Bloomberg) -- The Obama administration endorsed plans to extend an $8,000 tax credit for first-time homebuyers, saying it is helping stabilize the nation’s housing market.

The tax break, enacted earlier this year as part of the $787 billion economic stimulus package, has “brought new families into the housing market and contributed to three consecutive months of rising home prices,” Treasury Secretary Timothy Geithner said today in a statement. The tax break will expire Nov. 30 unless Congress intervenes.

Senate Democrats have announced plans to extend the credit until April 30, while expanding it to include higher-income Americans and some who already own homes...

Home prices rise in most major cities in August - Yahoo! News

2009-10-27T08:47:00.001-05:00

NEW YORK – Home prices rose for the third straight month in August, data Tuesday showed, a key sign for a broad and sustained housing recovery...

Fewer home-building permits, but Construction rose 7.1 percent in the South

2009-10-20T10:09:00.001-05:00

Fewer home-building permits signal weakness ahead - Yahoo! News, but...

At the same time, the Commerce Department said Tuesday that construction of new homes and apartments rose 0.5 percent last month to a seasonally adjusted annual rate of 590,000 units...

The 0.5 percent rise in overall housing construction in September followed a 1 percent drop in August that was revised down from an initial estimate of a 1.5 percent gain.

Construction of single-family homes rose 3.9 percent last month to an annual rate of 501,000 units, reversing a 4.7 percent drop in August....

Construction rose 7.1 percent in the South...

U.S. Initial Jobless Claims Fall More Than Forecast (Update1) - Bloomberg.com

2009-10-15T11:49:00.001-05:00

Oct. 15 (Bloomberg) -- The number of Americans filing first-time claims for unemployment benefits dropped last week to the lowest level in nine months, indicating the improving economy is leading to a slowdown in firings.
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U.S. Stocks Rise as Goldman Upgrades Banks, ISM Tops Estimates - Bloomberg.com

2009-10-05T12:59:00.001-05:00

Oct. 5 (Bloomberg) -- U.S. stocks rose, rebounding from the first two-week decline since July, as Goldman Sachs Group Inc. recommended large banks and a report showed service industries returned to growth after 11 months of contraction...

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IMF says to revise up 2010 global growth forecast - Yahoo! News

2009-09-29T08:39:00.001-05:00

SAO PAULO (Reuters) â The International Monetary Fund will increase its forecast for global growth next year in the next few days to account for a faster recovery in major economies, its deputy director said on Monday...

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Index shows home prices increase from June to July - Yahoo! News

2009-09-29T08:34:00.001-05:00

EW YORK â A closely watched index of home prices shows year-over-year improvement for the sixth month in a row and prices in all 20 cities rose from June to July...

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New-Home Sales in U.S. Climb to Almost One-Year High (Upadte1) - Bloomberg.com

2009-09-25T10:59:00.001-05:00

Sept. 25 (Bloomberg) -- Sales of new U.S. homes climbed in August to the highest level in almost a year...

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Consumer sentiment highest since Jan. 2008 - Consumer news- msnbc.com

2009-09-25T10:54:00.001-05:00

U.S. consumer sentiment rose in late September to the highest since January 2008 as expectations of an economic rebound gathered momentum, a survey showed on Friday...

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Existing home sales unexpectedly drop in Aug - BUT Compared to August last year, sales were up 3.4 percent.Yahoo! News

2009-09-24T09:51:00.001-05:00

NAR Chief Economist Lawrence Yun described the decline as a "mild retreat" after a strong gain in July, adding that the August pace was the second-highest in 23 months. Compared to August last year, sales were up 3.4 percent.

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Fed slows housing market plan; rates to stay low - Yahoo! News

2009-09-24T09:47:00.001-05:00

WASHINGTON â Signaling confidence in a recovery, the Federal Reserve decided Wednesday to stretch out the pace of a program intended to lower mortgage rates and prop up the housing market.

Even so, rates on home loans are expected to remain low.

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U.S. Initial Jobless Claims Decreased to 530,000 (Update1) - Bloomberg.com

2009-09-24T09:39:00.001-05:00

Sept. 24 (Bloomberg) -- The number of Americans filing first-time claims for jobless benefits dropped unexpectedly last week to the lowest in two months, another sign firings are slowing as the economy pulls out of the recession...

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Real Estate Insights

2009-09-23T16:50:00.001-05:00

Real Estate Insights: "Climbing Out of Recession

There’s been a flurry of good news about housing and the economy lately. Both home sales and pending sales have posted several consecutive months of increases. Mortgage rates continue to attract home purchasers. GDP growth is on track to turn positive later this year. But there’s more work to do before the economy can sit back and relax. In his commentary this month, NAR Chief Economist Lawrence Yun looks at the latest developments, where challenges remain, and some potential concerns down the road.

Click on the above link to read more!

Leading economic indicators rise in August - Yahoo! News

2009-09-21T14:59:00.001-05:00

NEW YORK â A private forecast of economic activity rose in August for the fifth straight month, the latest sign the recession has ended...

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U.S. housing starts, permits at 9 month high - Yahoo! News

2009-09-17T09:43:00.001-05:00

WASHINGTON (Reuters) â New U.S. housing starts and permits rose in August to their highest level in nine months and the number of people filing of unemployment benefits fell last week, evidence a solid economic recovery was underway...

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Stocks move higher as industrial production rises - Yahoo! News

2009-09-16T10:04:00.001-05:00

Major indexes rallied throughout the spring and summer on signs that the economic downturn was easing, but investors are now looking for signs of actual growth to push stocks higher. Federal Reserve Chairman Ben Bernanke said Tuesday that the recession was likely over.
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Bernanke says recession 'very likely over' - Yahoo! News

2009-09-15T16:40:00.001-05:00

Bernanke says recession 'very likely over' - Yahoo! News
Bernanke says recession 'very likely over'
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Stocks rise on retail sales, manufacturing data - Yahoo! News

2009-09-15T16:39:00.001-05:00

Stocks rise on retail sales, manufacturing data - Yahoo! News
NEW YORK Better news on retail sales and manufacturing helped send stocks higher Tuesday, as did comments from Federal Reserve Chairman Ben Bernanke that the recession was probably over.

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U.S. consumer sentiment rises in September: survey - Yahoo! News

2009-09-11T09:45:00.001-05:00

U.S. consumer sentiment rises in September: survey - Yahoo! News
NEW YORK (Reuters) â U.S. consumer sentiment rose in early September to the strongest in three months with growing expectations the economy will improve, a survey showed on Friday.

The Reuters/University of Michigan Surveys of Consumers said its preliminary index of sentiment for September rose to 70.2, the highest since June, from 65.7 in August. This was above economists' median expectation of a reading of 67.3, according to a Reuters poll.

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Mortgage rates dip to 3-month low: Freddie Mac | Special Coverage | Reuters

2009-09-10T11:29:00.001-05:00

Mortgage rates dip to 3-month low: Freddie Mac | Special Coverage | Reuters
NEW YORK (Reuters) - U.S. mortgage rates dipped slightly in the latest week, reaching a three-month low and remaining at levels that should continue to spur home loan demand and help the hard-hit U.S. housing market to recover.

Interest rates on U.S. 30-year fixed-rate mortgages averaged 5.07 percent for the week to September 10, down slightly from the previous week's 5.08 percent, according to a survey released on Thursday by home funding company Freddie Mac. That is the lowest since 4.91 percent in the week ending May 28...
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Fed: Economic activity stabilizing

2009-09-10T11:27:00.001-05:00

Fed: Reports from the Federal Reserve Bankâs 12 districts show that economic activity stabilized in July and August...

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Fed survey shows U.S. recession may be over - Yahoo! News

2009-09-09T16:00:00.001-05:00

Fed survey shows U.S. recession may be over - Yahoo! News

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6 Reasons why it's a good time to buy!

2009-09-08T08:40:00.001-05:00

6 Reasons why it's a good time to buy:

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2009-09-06T15:32:00.001-05:00

MORTGAGE RATES NEAR RECORD LOWS

"Rates for 30-year home loans edged down this week, remaining close to record lows reached over the spring.

The average rate for a 30-year fixed mortgage was 5.08 percent, down from 5.14 percent a week earlier, according to mortgage company Freddie Mac on Thursday. Rates, while above the record low of 4.78 percent hit in the spring, are still at attractive levels for people looking to buy a home or refinance.

'Low mortgage rates are helping to keep housing very affordable,' said Frank Nothaft, Freddie Mac's chief economist.

To revive the economy, the Federal Reserve is spending $1.25 trillion on mortgage-backed securities, which has driven down rates on home loans. That money is set to run out by winter, though some analysts expect the central bank to gradually scale back its purchases, allowing the program to last longer.

Despite government efforts to prop up the mortgage market, qualifying for a loan is still tough. Lenders have tightened their standards dramatically, so the best rates are available to those with solid credit and a 20 percent down payment.

Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the country. Rates often fluctuate significantly, even within a given day.

The average rate on a 15-year fixed-rate mortgage fell to 4.54 percent, from 4.58 percent last week, according to Freddie Mac.

Rates on five-year, adjustable-rate mortgages averaged 4.59 percent, down from 4.67 percent a week earlier. Rates on one-year, adjustable-rate mortgages fell to 4.62 percent from 4.69 percent."

Stocks rise as jobs report provides a little hope - Yahoo! News

2009-09-04T15:02:00.001-05:00

Stocks rise as jobs report provides a little hope - Yahoo! News

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its-time-to-invest-in-real-estate.html: Personal Finance News from Yahoo! Finance

2009-09-02T15:48:00.001-05:00

its-time-to-invest-in-real-estate.html: Personal Finance News from Yahoo! Finance

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U.S. private job losses fall, factory orders rise - Yahoo! News

2009-09-02T15:43:00.001-05:00

U.S. private job losses fall, factory orders rise - Yahoo! News

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Pending Home Sales on a Record Roll

2009-09-01T13:30:00.001-05:00

Pending Home Sales on a Record Roll

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Signs of Life as New-Home Sales Improve in July - NYTimes.com

2009-09-01T10:13:00.001-05:00

Signs of Life as New-Home Sales Improve in July - NYTimes.com

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Regional surveys show US economy picking up - Aug. 31, 2009

2009-09-01T08:47:00.001-05:00

Regional surveys show US economy picking up - Aug. 31, 2009

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Regional surveys show U.S. economy picking up - Yahoo! News

2009-08-31T11:04:00.001-05:00

Regional surveys show U.S. economy picking up - Yahoo! News

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Florida's Existing Home, Condo Sales Up in July 2009 | RISMedia

2009-08-29T15:19:00.001-05:00

Florida's Existing Home, Condo Sales Up in July 2009 | RISMedia

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The "Smoking Gun" That Says The Buyers Market Is Over In Housing

2009-08-28T11:37:00.002-05:00

The "Smoking Gun" That Says The Buyers Market Is Over In Housing

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Consumer spending edges up in July, but incomes are flat - USATODAY.com

2009-08-28T08:28:00.001-05:00

Consumer spending edges up in July, but incomes are flat - USATODAY.com

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Dollar Inches Up After Spending, Income Data - FOXBusiness.com

2009-08-28T08:26:00.001-05:00

Dollar Inches Up After Spending, Income Data - FOXBusiness.com

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Tiffany Results Beat Estimates; Raises Full-Year Outlook - FOXBusiness.com

2009-08-28T08:24:00.001-05:00

Tiffany Results Beat Estimates; Raises Full-Year Outlook - FOXBusiness.com

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Unemployment rate goes down in most counties | tennessean.com | The Tennessean

2009-08-27T15:02:00.001-05:00

Unemployment rate goes down in most counties | tennessean.com | The Tennessean

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No money down home loans in Tennessee.

2009-08-27T11:18:00.001-05:00

No money down home loans in Tennessee.

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Housing prices still show stability - Local - Merced Sun-Star

2009-08-27T10:43:00.001-05:00

Housing prices still show stability - Local - Merced Sun-Star

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GDP better than expected; jobless claims drop - USATODAY.com

2009-08-27T09:13:00.001-05:00

GDP better than expected; jobless claims drop - USATODAY.com

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New jobless claims and total benefit rolls drop - Yahoo! News

2009-08-27T09:11:00.001-05:00

New jobless claims and total benefit rolls drop - Yahoo! News

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2009-08-26T13:38:00.001-05:00

Shoppers, homes show signs of life | tennessean.com | The Tennessean

Positive Signs: Home Prices on an Upswing in Second Quarter 2009

2009-08-26T13:25:00.000-05:00

Positive Signs: Home Prices on an Upswing in Second Quarter 2009 | RISMedia

Dollar gains after US housing, industry upturn - Yahoo! News

2009-08-26T13:17:00.001-05:00

Dollar gains after US housing, industry upturn - Yahoo! News

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July new US home sales up 9.6 percent - Yahoo! News

2009-08-26T09:37:00.001-05:00

July new US home sales up 9.6 percent - Yahoo! News

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Shoppers, homes show signs of life | tennessean.com | The Tennessean

2009-08-26T09:02:00.001-05:00

Shoppers, homes show signs of life | tennessean.com | The Tennessean

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Durable goods orders increase by most in 2 years - Yahoo! News

2009-08-26T08:53:00.001-05:00

Durable goods orders increase by most in 2 years - Yahoo! News

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U.S. housing, confidence data point to recovery - Yahoo! News

2009-08-26T08:50:00.001-05:00

U.S. housing, confidence data point to recovery - Yahoo! News

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Consumer sentiment improves; Home prices rice - Yahoo! News

2009-08-25T09:10:00.001-05:00

Consumer sentiment improves; Home prices rice - Yahoo! News

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2 reasons to buy a home now: Rates low, tax credit ends soon - USATODAY.com

2009-08-25T08:57:00.001-05:00

2 reasons to buy a home now: Rates low, tax credit ends soon - USATODAY.com

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Global stock markets up, hit 10-month highs - Yahoo! News

2009-08-25T08:49:00.001-05:00

Global stock markets up, hit 10-month highs - Yahoo! News

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Index shows home prices increase from 1Q to 2Q - Yahoo! News

2009-08-25T08:45:00.001-05:00

Index shows home prices increase from 1Q to 2Q - Yahoo! News

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Latest in Stimulus: 'Cash for Refrigerators' - Yahoo! News

2009-08-24T09:36:00.001-05:00

Latest in Stimulus: 'Cash for Refrigerators' - Yahoo! News

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Stocks rise as Bernanke says economy near recovery

2009-08-21T16:06:00.001-05:00

Stocks rise as Bernanke says economy near recovery

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Mortgage Rates at Lowest Since May - FOXBusiness.com

2009-08-20T15:14:00.000-05:00

Mortgage Rates at Lowest Since May - FOXBusiness.com: "Title: Mortgage Rates at Lowest Since May
Published: Thu, 20 Aug 2009
Description: Pat Lashinsky of Zip Realty on the state of the mortgage market."

Real Estate Insights

2009-08-20T12:17:00.000-05:00

Real Estate Insights: "Are We On the Road to Normalization?
By Lawrence Yun, Chief Economist, NAR Research
Ah, the dog days of summer. Many are taking advantage of their last chance this season to sit on the beach, hike in the mountains or laze by the pool before the kids go back to school and everybody has to go back to work. Well, while a lot of us have been on vacation, the housing market has been relatively busy compared to earlier this year and even last year at this time. Indeed, recent figures on home sales – both pending and closed indicate that housing market recovery prospects have improved considerably. Pending home sales (contract signings) in June released earlier this month rose again for a fifth consecutive month."

Home Builder Confidence Rises to Highest Level in 14 Months - Economic Conditions, Builder Confidence, Sales - Builder Magazine

2009-08-19T11:10:00.000-05:00

Home Builder Confidence Rises to Highest Level in 14 Months - Economic Conditions, Builder Confidence, Sales - Builder Magazine: "Home Builder Confidence Rises to Highest Level in 14 Months
NAHB/Wells Fargo Index also shows more assurance about future sales and buyer traffic."

Single-family home building rises for 5th month - Yahoo! News

2009-08-18T11:41:00.000-05:00

Single-family home building rises for 5th month - Yahoo! News: "Single-family home building rises for 5th month"

Homebuilder sentiment index rises in August - Yahoo! News

2009-08-17T19:56:00.001-05:00

Homebuilder sentiment index rises in August - Yahoo! News

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Home sales grew in second quarter in 39 states - Real estate- msnbc.com

2009-08-17T17:18:00.000-05:00

Home sales grew in second quarter in 39 states - Real estate- msnbc.com: "Home sales grew in second quarter in 39 states
But home prices across the nation are still soft versus a year ago"

Homebuilder sentiment at highest in a year - Real estate- msnbc.com

2009-08-17T17:17:00.000-05:00

Homebuilder sentiment at highest in a year - Real estate- msnbc.com: "Homebuilder sentiment at highest in a year
Market sees buyers hurrying to take advantage of first-time buyer credit"

Still Not Convinced- What about Mortgage Protection Insurance?

2009-08-14T11:40:00.003-05:00

Did you know when you purchase a home you can have mortgage protection insurance? Do you have a fear of losing your job, disability or hospitalization? Mortgage Insurance might be for you. Contact Kevin Long at Bank of America to learn more. kevin.long@bankofamerica.com.

Vital Signs: Is a Housing Rebound at Hand? - BusinessWeek

2009-08-14T09:41:00.001-05:00

Vital Signs: Is a Housing Rebound at Hand? - BusinessWeek

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Consumer prices rise at fastest pace in months - Consumer news- msnbc.com

2009-08-14T09:34:00.001-05:00

Consumer prices rise at fastest pace in months - Consumer news- msnbc.com

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Consumer Prices Hold Steady in July - NYTimes.com

2009-08-14T09:19:00.001-05:00

Consumer Prices Hold Steady in July - NYTimes.com

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Fed likely to leave rates at lows to aid recovery - Stocks & economy- msnbc.com

2009-08-12T10:22:00.001-05:00

Fed likely to leave rates at lows to aid recovery - Stocks & economy- msnbc.com

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Toll Brothers Jumps After Third-Quarter Revenue Beats Estimates - Bloomberg.com

2009-08-12T10:20:00.003-05:00

Toll Brothers Jumps After Third-Quarter Revenue Beats Estimates - Bloomberg.com

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Home sales grew in second quarter in 39 states - Real estate- msnbc.com

2009-08-12T10:20:00.001-05:00

Home sales grew in second quarter in 39 states - Real estate- msnbc.com

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Greater Nashville area rising out of housing slump - WKRN, Nashville, Tennessee News, Weather, and Sports |

2009-08-11T14:38:00.001-05:00

Greater Nashville area rising out of housing slump - WKRN, Nashville, Tennessee News, Weather, and Sports |

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First-time buyers boost home sales in Nashville area | tennessean.com | The Tennessean

2009-08-11T10:46:00.002-05:00

First-time buyers boost home sales in Nashville area | tennessean.com | The Tennessean

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U.S. productivity rises at fastest pace in six years | Reuters

2009-08-11T10:37:00.002-05:00

U.S. productivity rises at fastest pace in six years Reuters

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Construction, sales pick up in Gallatin

2009-08-10T14:56:00.002-05:00

The Tennessean reported this weekend... According to Gallatin Codes Director Tony Allers, business for construction projects is picking up once again. “It’s not a landslide, but we’re getting something every day,” he said in a telephone interview Wednesday...“People are buying them, which is great for the city. The best example is Kennesaw Farms, but there’s also a townhouse/condo development on Long Hollow Pike…and (a development) on Lock-4 Road.”

Yeah! Check out the entire article here.

Unemployment rate drops for the first time in 15 months

2009-08-07T10:34:00.002-05:00

This morning the Tennessean Reported that the unemployment rate has dropped for the first time in 15 months.

Time for Change

2009-08-07T09:44:00.004-05:00

When Newsweek announced to the world on their cover at the end of July That the Recession is Over we took notice! Really if you think about it rates are lower now than in the peak of the housing market 2 years ago, housing inventory is better than in the peak market and there are more incentives to buy (can we hear it for the $8000 tax credit). Now sure we know there will be some recovery, but there are so many positive things to focus on today vs 6 months ago you can't help but feel good. We don't have to tell you- now is the perfect time to buy a home!